Market Overview:
The global car polish and car wax market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, coupled with the rising awareness about vehicle care and maintenance. In terms of type, natural car polish and car wax is expected to dominate the market during the forecast period, owing to its properties such as high durability, shine, and gloss. However, synthetic car polish and wax are expected to grow at a higher CAGR due to their properties such as easy application process and better protection against UV radiation. In terms of application, passenger cars are anticipated to account for a larger share of the global market during 2018-2030 owing growing demand for personal transportation across regions.
Product Definition:
A car polish is a liquid or paste that is applied to the surface of a car's paint, clear coat, or chrome to improve its appearance. Car polishes remove blemishes and oxidation from the paint and can also add shine. A car wax is a type of polish that contains Carnauba wax, which gives cars a deep shine. Car waxes also protect the paint from UV damage and oxidation.
Natural Car Polish and Car Wax:
Natural car polish and wax are products that are made from plant based ingredients. These products have been gaining popularity among consumers as they do not contain any harmful chemicals or additives. Natural car polishes and waxes when used with the right techniques can give excellent results, however, it takes a lot of practice to get it right.
The market for natural car polish and wax is in its growth phase; therefore there is no specific data regarding market size available.
Synthetic Car Polish and Car Wax:
Synthetic car polish and car wax are products that are manufactured in order to remove scratches from vehicle surfaces. These polishes and waxes have high durability, which is around 6 months to a year with regular use. Synthetic car polish is usually cheaper than natural or organic based polishes & waxes, which makes it popular among consumers.
Application Insights:
The passenger car segment dominated the global market in 2017. The demand for the product is generally higher in developed regions such as North America and Europe than that of developing regions. This trend is likely to continue over the forecast period due to increase in automobile production across emerging economies including China, India, Brazil and Mexico which are major consumers of automotive products globally.
Passenger cars accounted for a majority share owing to their usage on a daily basis which includes going to office or school, picking up kids from playdates/schools etcetera. Usage of these products helps maintain exterior & interior appearance of vehicles while providing protection against UV rays and scratches during day-to-day driving activities thereby attracting customers towards purchasing it from established markets where supply chain is wellestablished resulting into high penetration rates globally across various geographies as compared to other applications such as trucks/light commercial vehicles (LCVs).
Regional Analysis:
North America was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region has a well-established automotive industry, which has been experiencing growth recently due to increasing demand from U.S., Mexico, and Canada. Increasing number of vehicle sales coupled with rising disposable income will drive the regional market further.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast years owing to rapid economic development in China, India, South Korea, Indonesia Japan Malaysia Philippines Thailand Vietnam among other Southeast Asian countries as well as Australia & New Zealand are expected to boost automobile production leading to an increase in demand for car polish and wax products over next eight years The Middle East & Africa (MEA) is also likely witness significant growth on account of increasing investments by international companies such as BMW Group; Daimler AG; Volkswagen Group; Hyundai Motor Company Ltd.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of consumers
- Technological advancements in the car care industry
- Growing awareness about the benefits of car polish and wax among consumers
- Proliferation of online retail channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Polish and Car Wax Market Research Report
By Type
Natural Car Polish and Car Wax, Synthetic Car Polish and Car Wax
By Application
Passenger Car, Commercial Vehicle
By Companies
Turtle Wax, 3M, Henkel, SONAX, Northern Labs, Malco Products, Mother’s, Bullsone, Prestone, Darent Wax, Biaobang, Chief, Tetrosyl (CarPlan), SOFT99, Milwaukee Tool, Makita, Festool, Stanley Black & Decker, Chervon, Bosch, Hitach Koki, SHANGHAI KEN TOOLS, Meguiar's, Griot's Garage, NOBLE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Car Polish and Car Wax Market Report Segments:
The global Car Polish and Car Wax market is segmented on the basis of:
Types
Natural Car Polish and Car Wax, Synthetic Car Polish and Car Wax
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Turtle Wax
- 3M
- Henkel
- SONAX
- Northern Labs
- Malco Products
- Mother’s
- Bullsone
- Prestone
- Darent Wax
- Biaobang
- Chief
- Tetrosyl (CarPlan)
- SOFT99
- Milwaukee Tool
- Makita
- Festool
- Stanley Black & Decker
- Chervon
- Bosch
- Hitach Koki
- SHANGHAI KEN TOOLS
- Meguiar's
- Griot's Garage
- NOBLE
Highlights of The Car Polish and Car Wax Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Car Polish and Car Wax
- Synthetic Car Polish and Car Wax
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Polish and Car Wax Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Car polish is a type of car wax. It is a liquid that is used to clean and protect the paint on a car. Car wax is also used to clean and protect the paint on a car.
Some of the key players operating in the car polish and car wax market are Turtle Wax, 3M, Henkel, SONAX, Northern Labs, Malco Products, Mother¢â‚¬â„¢s, Bullsone, Prestone, Darent Wax, Biaobang, Chief, Tetrosyl (CarPlan), SOFT99, Milwaukee Tool, Makita, Festool, Stanley Black & Decker, Chervon, Bosch, Hitach Koki, SHANGHAI KEN TOOLS, Meguiar's, Griot's Garage, NOBLE.
The car polish and car wax market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Car Polish and Car Wax Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Car Polish and Car Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Car Polish and Car Wax Market - Supply Chain
4.5. Global Car Polish and Car Wax Market Forecast
4.5.1. Car Polish and Car Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Car Polish and Car Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Car Polish and Car Wax Market Absolute $ Opportunity
5. Global Car Polish and Car Wax Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Car Polish and Car Wax Market Size and Volume Forecast by Type
5.3.1. Natural Car Polish and Car Wax
5.3.2. Synthetic Car Polish and Car Wax
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Car Polish and Car Wax Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Car Polish and Car Wax Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Car Polish and Car Wax Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Car Polish and Car Wax Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Car Polish and Car Wax Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Car Polish and Car Wax Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Car Polish and Car Wax Demand Share Forecast, 2019-2026
9. North America Car Polish and Car Wax Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Car Polish and Car Wax Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Car Polish and Car Wax Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Car Polish and Car Wax Market Size and Volume Forecast by Type
9.7.1. Natural Car Polish and Car Wax
9.7.2. Synthetic Car Polish and Car Wax
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Car Polish and Car Wax Demand Share Forecast, 2019-2026
10. Latin America Car Polish and Car Wax Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Car Polish and Car Wax Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Car Polish and Car Wax Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Car Polish and Car Wax Market Size and Volume Forecast by Type
10.7.1. Natural Car Polish and Car Wax
10.7.2. Synthetic Car Polish and Car Wax
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Car Polish and Car Wax Demand Share Forecast, 2019-2026
11. Europe Car Polish and Car Wax Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Car Polish and Car Wax Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Car Polish and Car Wax Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Car Polish and Car Wax Market Size and Volume Forecast by Type
11.7.1. Natural Car Polish and Car Wax
11.7.2. Synthetic Car Polish and Car Wax
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Car Polish and Car Wax Demand Share, 2019-2026
12. Asia Pacific Car Polish and Car Wax Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Car Polish and Car Wax Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Car Polish and Car Wax Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Car Polish and Car Wax Market Size and Volume Forecast by Type
12.7.1. Natural Car Polish and Car Wax
12.7.2. Synthetic Car Polish and Car Wax
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Car Polish and Car Wax Demand Share, 2019-2026
13. Middle East & Africa Car Polish and Car Wax Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Car Polish and Car Wax Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Car Polish and Car Wax Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Car Polish and Car Wax Market Size and Volume Forecast by Type
13.7.1. Natural Car Polish and Car Wax
13.7.2. Synthetic Car Polish and Car Wax
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Car Polish and Car Wax Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Car Polish and Car Wax Market: Market Share Analysis
14.2. Car Polish and Car Wax Distributors and Customers
14.3. Car Polish and Car Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Turtle Wax
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3M
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Henkel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SONAX
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Northern Labs
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Malco Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mothers
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bullsone
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Prestone
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Darent Wax
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Biaobang
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Chief
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tetrosyl (CarPlan)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SOFT99
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Milwaukee Tool
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Makita
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Festool
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Stanley Black & Decker
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Chervon
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Bosch
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
